$AUDUSD The 3rd scenario

As I said I do not have any position right now, and I was just watching the market when USD was sold like hell in light of the news of Dubai to repay the debt. I have not read the details yet, but it looks like the market’s risk appetite fired up. So, I turned bearish to USD for a very short term, and here is the third AUDUSD scenario to reflect this view.


And if you look at the previous post, the new AUDUSD scenario actually agrees well with my view on US dollar index’s completion of the initial 5 wave structure. And it is also in rhythm with my EURUSD primary scenario.

So, I am just sitting and waiting this short term USD selling streak to be over which may be by December 17.

Real time trading tweets

The plan in the article may get rejected any time, so please check out my tweets on Twitter.

Current risk exposure:

Rational Move always use stop loss orders, and this is the worse case potential loss over the capital for the currently open positions. This is unrealized loss is less or equal to the risk exposure.

Capital growth

From recent 100 trades (%) The growth right before the 1st trade is set to 0%.
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From recent 100 trades (%)
About this graph

Total returns

Since inception
(Aug 10, 2009)
Year-to-date Quarter-to-date
0% 0% 0%
This is a normalized value: the return on each trade is normalized against the capital just before the trade execution. This way, it is eliminating the effect by the capital change from deposits and withdrawals. The calculation thus reflects the trading performance of each trade. The value does not contain unrealized profits and losses. RM's trading strategy never risks more than 5% of the present capital. Not including subtraction by tax.

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December 2009
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